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Denmark 2025 Jersey Mike'S. The partnership with blackstone is intended to help enable jersey mike’s to accelerate its. Blackstone has taken a massive bite out of the sandwich industry by purchasing jersey mike's, one of the largest sandwich chains in the country, for $8 billion. Discover how peter cancro turned jersey mike’s into a $7.5 billion empire, from humble beginnings to a landmark blackstone deal. Blackstone has taken a massive bite out of the sandwich industry by purchasing jersey mike’s, one of the largest sandwich chains in the country, for $8 billion.